Business

Seven major U.S. grid operators have raised a unified alarm about an impending capacity crunch, warning that the pace and scale of explosive demand—including from data centers, manufacturing, and electrification—pose a precarious misalignment with accelerating generator retirements and transmission constraints. At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, the […]

The Tennessee Valley Authority (TVA) has for many years been evaluating emerging nuclear technologies, including small modular reactors, as part of technology innovation efforts aimed at developing the energy system of the future. TVA—the largest public power provider in the U.S., serving more than 10 million people in parts of seven states—currently operates seven reactors […]

In January, the U.S. Energy Information Administration (EIA) said U.S. wholesale electricity prices were less volatile in 2024 than they have been over the last few years. But that’s just one, limited perspective on the data. If we consider the macrotrends at play, it’s clear that U.S. markets won’t return any time soon—if ever—to the […]

Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. But as utilities scramble to secure new capacity, a turbine supply crunch is unfolding, forcing urgent procurement

A changing policy landscape presents challenges for moving away from fossil fuels. Executives say that may slow, but won’t halt, the momentum to electrify. Remember the slogan “electrify everything”? It

I think most POWER readers are familiar with financial indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500. These indices are widely reported on by news outlets and followed by many

Europe’s ambitious push toward carbon neutrality is rapidly replacing fossil fuel–fired power generation with variable renewable resources (VRE), but this shift is exposing the region to a growing risk of

U.S. Withdraws from Global Clean Energy Partnership. The U.S. has withdrawn from the Just Energy Transition Partnership (JETP), a 2021-launched financing cooperation mechanism, that seeks to help a selection

The U.S. is facing an energy emergency, as escalating electricity demand, unstable fossil fuel markets, and the rapid growth of energy-intensive infrastructure strain the nation’s energy systems. Shallow geothermal energy offers a groundbreaking solution to this crisis by stabilizing the grid, reducing emissions, and delivering cost-effective heating and cooling. This article explores the technological, economic, […]

Battery energy storage systems (BESS) are revolutionizing how energy is managed. These systems are critical for improving grid efficiency, integrating renewable energy, and ensuring a reliable power supply. As their adoption grows, the need to focus on practical design and cost optimization has never been more apparent. Standalone BESS projects can achieve greater efficiency, lower […]